In this article, we’ll discuss information about the BSCStation project and BSCS token
Building a new platform in the crowded decentralized finance industry requires the provision of unique services and features. BSC Station taps into different segments of what makes DeFi great today and puts its own spin on it.
The BSC Startpool serves as a viable example. It is a viable way of bringing token distributions by NFT and non-NFT tokens to a wider audience. The Startpool lets them generate returns through new tokens coming to market for existing cryptocurrency users and investors. Pools will support BAKE, BNB, and BSCS, giving users access to BSCD tokens.
Secondly, there is BSCS Swap built on AMM technology to support multiple trading pairs on BEP20 via Automated Liquidity Pools. All token swaps on the exchange are subject to a 0.2% fee which is cheaper than market level to keep higher competition, of which the majority is distributed to liquidity providers. The remainder is used to buy back BSCS and burn the tokens, effectively reducing the circulating supply.
BSC Station (BSCS) aims to build a Full-Stack DEFI with NFT Auction on the Binance Smart Chain. It will become economy infrastructure for DeFi and NFT powered by Binance Smart Chain.
BSC Station offers a convenient and easy-to-use experience with a user-friendly interface design, complete and specific instructions. All the products that users need are concentrated in BSC’s DeFI with NFT auction ecosystem.
BSC Station built on BSC, which is compatible with smart contracts for decentralized applications, is connected with the high throughput Binance Chain to achieve shorter confirmation times and higher transaction processing speeds.
Blockchain fees are an important factor to consider before choosing a blockchain protocol. When it comes to blockchain fees, Binance Smart Chain is substantially more cost-effective than Ethereum and user can save money.
To make BSC Station stand out, the team will also focus on the NFT spectrum. One of the core features revolves around fixed-price transactions. NFT holders can sell their assets through the BSC NFT Protocol or smart contracts through pending orders. An exciting solution that can lead to a better distribution of royalties or facilitate the use of specific whitelisted addresses in fix-price transactions.
Through the NFT Station SDK, BSC Station offers a way to standardize all NFT assets related to the Auction feature. With a concise set of tools, documentation, and rules, creators can set up efficient and fair auctions. This also provides more transparency and security for buyers looking to expand their collection.
Speaking of the Auction, it is a prominent and exciting feature of BSC Station. Three options are available: Dutch auction, English auction, or sealed bid auction. Depending on the type of NFT being sold, different types may apply. Under the hood, the NFT protocol’s smart contracts encrypt all bids, ensuring no data can be altered or manipulated.
BSC Station has only raised the most necessary funds for Product Development and to help the BSCS ecosystem grow sustainably, bringing more value to users through our mainstream products.
All allocation for Team member, Advisors, Partner and Foundation tokens are locked for at least 06 months, the rest of the tokens are allocated to the community via Token sale, Bounty and Airdrop, Liquidity Provision and rewards as well as Marketing activities.
BSCS Station Holder Benefits
The benefits of BSCS Hodler? Here is a quick overview.
GET FREE TOKEN BSCS SWAP: Hodlers holding BSCS token will receive another free token.
UNLOCK NFT AUCTION: BSCS tokens will be used to pay as Auction fee, transaction, and also for NFT access behind paywall.
VOTING: Hodlers holding BSCS or more can vote to approve or reject projects on BSCS IDO.
SHARING TRANSACTION FEE: Hodlers holding BSCS will share their transaction fees.
IDO DISCOUNT: Those who own BSCS will automatically qualify for a 10% discount on the IDO sale price.
PAYMENT: Use BSCS as a payment method at the service points within BSCS ecosystem in the near future.
Usage of funds raised
BSC Station (BSCS) aims to build a Full-Stack DEFI with NFT Auction on the Binance Smart Chain. It will become economy infrastructure for DeFi and NFT powered by Binance Smart Chain.
Since publishing our upcoming BOUNCE.FINANCE and BSCPAD IDO announcement, we have received amazing support and interest from the market, Ventures, KOLs and BSC Station communities. With our seed and private sale successfully closed with 15x oversubscribed, we now know that the DeFi and NFT space believes in BSC Station vision to simplify decentralized finance for all fellow.
Now we have decided to offer the opportunity to be whitelisted to the IDO, earn your slot on the BSC Station IDO Whitelist now by completing some simple tasks that will help spread awareness of the BSC Station platform.
Please note that anyone looking to participate in the IDO is required to whitelist needs to complete the tasks if they would like the chance of whitelisting.
Bounce is a decentralized auction platform, incorporating liquidity mining, decentralized governance, and staking mechanisms. The primary principle of Bounce is a scarcity of resources, which creates a competitive swap environment. Whereas Bounce Certified is a platform designated for high-quality institutional-backed projects only.
TOKEN SALE: SINCE 21 APR
Ticker: BSCS
Token type: BEP-20
ICO Token Price: 1 BSCS = 0.01 USD
Fundraising Goal: 3,000,000 TOKEN
Total Tokens: 500,000,000
Available for Token Sale: 38,6%
BSCS token is now live on the Binance mainnet. The token address for BSCS is 0xbcb24afb019be7e93ea9c43b7e22bb55d5b7f45d. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $WBNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap BSCS token
Contract: 0xbcb24afb019be7e93ea9c43b7e22bb55d5b7f45d
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once BSCS gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information BSCS
☞ Website ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
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#blockchain #bitcoin #bscs #bscstation